Interest Rates Remain On Hold (1)

The Reserve Bank of Australia has kept the status quo at its last board meeting of 2017, with interest rates remaining on hold at 1.50 per cent.

REINSW President Leanne Pilkington said it is unlikely that we will see interest rate movement from the RBA in 2018.

“The OECD has recently signalled that the winds of change in the Australian economy may be preparing to blow, and that a rate rise may come sooner than previously thought. Even so,…